Spread before costs (cost unknown: a leg has no order-book sample)+0.027%
7d average−0.042%if it closes, per $10,000$3funding while held, a day+$0.39
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bitget BABAUSDT | 115.63 | 0.0153 | pay 0.0153% / 8h | 7h 20m | $2.7M | $1.2M | 20x |
| Short | Variational Omni BABA | 115.66 | 0.0166 | get 0.0166% / 8h | 7h 20m | $357K | $517K | — |
Price spread history
latest
Range statsloading…
How often the spread is this wide
share of time at each level, last 7DBacktest
opened in the past, held until now, after costsProfit calculator
- Spread captured
- $2.74
- Funding while held
- $0.39
- Slippage, 4 orders
- no order book: not counted
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Net
- −$8.86
- Spread needed to break even
- 0.120%
Slippage unknown: Bitget: live order book, 3 min ago; Variational Omni: RFQ quote, 24 min ago. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- +0.0013%
- Per $10,000 a day
- +$0.39
- Average in range /8h
- —
Cost to enter
taker fee + slippage from the mid, one side; closing costs about the same again| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy Bitget live order book, 3 min ago | 1.73 bp | 15.1 bp −$15 | 31.8 bp −$318 | doesn't fit | doesn't fit |
| Sell Variational Omni RFQ quote, 24 min ago | 2.56 bp | doesn't fit | 26.5 bp −$265 | doesn't fit | doesn't fit |
BABA price on every exchange
against the cheapest. Click to use as the short leg.BABA on 21 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Ondo Perps BABA-USD.P | −0.156% | +0.0050% | 1h | $304K | $256K | 10x | as long as short |
| KuCoin BABAUSDTM | −0.138% | +0.0100% | 8h | $600K | $886K | 20x | as long as short |
| Aster BABAUSDT | −0.075% | 0.0000% | 8h | $81K | $14K | 20x | as long as short |
| Polymarket Perps BABA-USD | −0.069% | +0.0050% | 1h | $6K | $249K | 10x | as long as short |
| tradeXYZ xyz:BABA | −0.061% | +0.0050% | 1h | $12.1M | $2.5M | 10x | as long as short |
| Vest BABA-USD-PERP | −0.052% | +0.0046% | 1h | — | $9K | 10x | as long as short |
| Lighter RH BABA | −0.035% | +0.0032% | 1h | $463K | $419K | 10x | as long as short |
| Extended BABA_24_5-USD | −0.031% | +0.0192% | 1h | $18K | $359K | 10x | as long as short |
| SunX BABA-USDT | −0.026% | 0.0000% | 8h | $823 | $4.1M | 20x | as long as short |
| QFEX BABA-USD | −0.017% | +0.0047% | 1h | $1.2M | $4.8M | 10x | as long as short |
Show all 21 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Gate BABA_USDT | −0.017% | 0.0000% | 8h | $1.4M | $1.5M | 50x | as long as short |
| Binance BABAUSDT | −0.015% | +0.0192% | 8h | $15.6M | $18.5M | 20x | as long as short |
| Bybit BABAUSDT | 0.000% | 0.0000% | 8h | $2.2M | $555K | 25x | as long as short |
| Bitget BABAUSDTlong | 0.000% | +0.0153% | 8h | $2.7M | $1.2M | 20x | |
| Orderly PERP_BABA_USDC_mythos | 0.000% | +0.0100% | 8h | $2K | $1K | 10x | as long as short |
| Arcus BABA-USD | +0.009% | +0.0043% | 1h | $78K | $82K | 10x | as long as short |
| Phoenix BABA | +0.017% | +0.0208% | 1h | $79K | $129K | 10x | as long as short |
| HTX BABA-USDT | +0.026% | 0.0000% | 8h | $37K | $2K | 20x | as long as short |
| Variational Omni BABAshort | +0.027% | +0.0166% | 8h | $357K | $517K | — | |
| Lighter BABA | +0.104% | +0.0032% | 1h | $382K | $37K | 10x | as long as short |
| Injective BABA/USDC PERP | +0.182% | +0.0033% | 1h | $11K | $26K | 12x | as long as short |
Bitget BABAUSDT
Variational Omni BABA
KuCoin
Aster
Polymarket Perps
tradeXYZ
Lighter RH
Extended
SunX
Gate
Binance
Bybit
Phoenix
HTX
Lighter
Injective